Finally, after a week long of queuing to buy BJCorp, it has finally matched @ 1.03. There is a strong support at 1.03. There is little downside risks in my humble opinion. Goldman Sachs has a big stake in BJCorp and so does the owner himself, Vincent Tan. Doubt they will let it fail.
I'm still looking at a few other counters. Will post here if I manage to get in.
Talk a bit on overall KLSE market. The Genting effect is starting to wear off. It's T+3 day after all. Supermx suffers a 21c, ending at 5.51. The rubber sector seemed to have cool off. The rise in Ringgit currency has affected in the rubber companies bottomline. Even though Hartalega (Harta) is announcing a bonus issue of 2:1 and a dividend of 5c, the stock remained relatively expensive to enter now. It's out of my radar at the moment.
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